SatCon Technology Reports Quarterly Results for the Quarter Ended September 30, 2006 Thursday November 16, 10:14 am ET (ECOreporter.de)
SatCon Technology Reports Quarterly Results for the Quarter Ended September 30, 2006 Thursday November 16, 10:14 am ET (ECOreporter.de)
BOSTON—-SatCon Technology Corporation, a developer and manufacturer of power electronic products for the alternative energy markets, today announced its operating results for the quarter ended September 30, 2006. Revenue for the nine months ended September 30, 2006 decreased $2.6 million or 10% to $24.2 million principally as a result of the Company exiting non-strategic product lines,